Remittances to Latin America and the Caribbean in 2019: Emerging Challenges
This report analyzes trends in remittances to Latin America and the Caribbean in 2019 and explores the factors related to slowing remittance growth. Family remittances to the region grew by approximately 8% compared to 2018 and totaled nearly US$100 billion, which stands in contrast to the region’s slower economic growth of 0.6%.